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Since 2012, China has pursued an “ecological civilization” policy to promote green energy, increase environmental protection, and transition to more sustainable growth models. The complicated positive trends in energy consumption, more sustainable economic growth, and ecological management are obscured by China's persistent, significant dependence on fossil fuels, particularly coal. The study aims to analyze how renewable energy use in China affects carbon dioxide emissions and how those impacts change over time, as well as urbanization, industrialization, tourism, and green supply chain management. The DOLS dynamic system method used historical data from 1995 to 2022. The DOLS results show a positive and statistically significant economic growth coefficient in the long term, suggesting that an increase of only one percent in CO₂ emissions rise would be proportional to a surge in economic growth.Furthermore, using renewable energy sources correlates with long-term sustainability negatively and significantly. The results show reducing CO₂ emissions and boosting renewable energy use by 1 %. Furthermore, the long-run coefficients for industrialization and urbanization are positive and statistically significant, indicating that a 1 % increase in either component results in a comparable increase in CO₂ emissions. Sustainable logistics and tourism have negative and statistically significant coefficients, meaning that a one percent increase will gradually decrease carbon dioxide emissions. The estimated findings hold up when using other estimators, such as the commonly used co-integrating regression (CCR) strategy and fully modified least squares (FMOLS). When Granger causality is coupled, the test also catches the variables' causal link. test. To achieve environmental sustainability, the essay suggests using robust regulatory policy tools to curb ecological deterioration. |
